Artfest International, Inc. Acquires "State-of-the-Art" Audio/Video Operational Center

DALLAS, TX--(Marketwire - September 23, 2008) - Artfest International, Inc. (OTCBB: ARTI) today announced the purchase of a 35,000 square foot showpiece facility that rivals artistic/programming locations in New York and Los Angeles.

"Artfest will now be able to develop and produce high quality advertising and programming for traditional as well as Internet television through our television subsidiary, ArtChannel.tv, that will bring viewers and advertisers to our art and collectables direct marketing site as well as our just-launched social networking site, www.MyArtfest.com. The facility already generates revenues of $500,000 a year and with Jack Weis and his production team joining Artfest, we expect to dramatically increase the Company's bottom line numbers as well as substantially lower our costs of programming and production for our television division," stated Artfest CEO Edward Vakser.

Located in Dallas, the facility was constructed to handle the demanding requirements of top recording artists as well as the major film, television and commercial requirements of Fortune 500 corporations and their entertainment divisions. "Bands and artists such as, the Jonas Brothers, American Idol, Rick Derringer, Ice Cube, Miser, Rouge, Justin Timberlake, Miley Cyrus, P. Diddy, Mariah Carey, Usher, Timbaland, Mary J. Blige, Pat Green and Lauryn Hill have recorded here. This facility will allow us to compete with well-known studios and recording facilities throughout the country," commented Jack Weis, Artfest In-House Film Director and Producer.

"The facility will also serve as the headquarters for the parent Company, Artfest International, Inc. We will house all of our divisions at the center: Art Channel Television, My Artfest Social Network, Art Channel Galleries and the Artfest Licensing division. Member relations and the well-known Artfest Gallery at The Madison will remain in nearby Addison, Texas," stated Artfest Member Relations Vice President, Shirley Casavant.

Mr. Vakser further commented, "The launching of the Artfest social network MyArtfest.com coupled with the purchase of this 'second to none' audio/video operations center enables Artfest to provide all things creative. We now connect artists, buyers and collectors, not only to buy and sell their work and services, but to enable the sharing of ideas."

Artfest International Corporate Updates

To learn more about Artfest and to be added to the Company's email database to receive updates, please call 214-556-5915 or email artfest@redriveradvisors.com.

About Artfest International, Inc. (www.artfestinternational.com)

Artfest International, Inc. (OTCBB: ARTI) was founded in 2002 and began publicly trading this year. Artfest connects artists, investors, decorators, designers, private collectors and galleries and prints, markets, and sells limited edition, signed, and numbered fine art and collectibles. It also provides a range of multi-cultural programming, including artist documentaries, live paintings, artist collections, artist interviews, live concerts, and other art centric content. In addition, the company showcases new artists, special exhibits, and celebrity events in various markets in the United States and internationally. It serves various industries of arts, antiques, collectibles, and luxury goods. The company was founded in 2002 and is based in Addison, Texas. Artfest subsidiaries are The Art Channel, Inc. (www.artchannel.tv), and Art Channel Galleries, Inc.

Safe Harbor Statement -- This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. In addition, actual or future results may differ materially from those anticipated depending on a variety of factors, including continued maintenance of favorable license arrangements, success of market research identifying new product opportunities, successful introduction of new products, continued product innovation, sales and earnings growth, ability to attract and retain key personnel, and general economic conditions affecting consumer spending. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. ARTI does not intend to update any of the forward-looking statements after the date of this release to conform these statements to actual results or to changes in its expectations, except as may be required by law.

Contact Information: Corporate Contact: Artfest International, Inc. Shirley A Casavant www.artchannel.tv Investor Relations: Stasi Turrell 214-556-5915 Artfest@redriveradvisors.com